[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
On October 8, 2026, Sany Hydrogen Energy won the bid for the State Power Investment Da'an Green Hydrogen Project and was awarded a set of 1000 standard cubic meters of alkaline electrolysis hydrogen production equipment. On the same day, the 300000 ton SAF project with a total investment of 9.736 billion yuan was registered in Xinjiang.Editor/Gao Xue
On September 30, 2026, the first direct container route to West Africa was opened at Wenzhou Port, and the first direct foreign trade route to West Africa in southern Zhejiang was officially put into operation.Editor/Gao Xue